Stocks Close Mixed, US Consumer Spending Slows, Wind River Rockets

US Stock Indexes closed mixed today on a report of slowing consumer spending and a decrease in consumer sentiment to 1980 levels. The DJIA closed down -7.90 to 12638.32, the S&P 500 rose +2.12 to 1400.38 and the Nasdaq added +14.34 to 2522.66.

Wind River Systems ( WIND | Quote | Chart | News | PowerRating) rocketed 21.09% or $1.88 to $10.85/share after crushing analysts earning estimates.

Overstock.com ( OSTK | Quote | Chart | News | PowerRating) - gave back 9.32% or $2.59 to $25.19/share on being cut from neutral to sell by Merrill Lynch.

J. Crew ( JCG | Quote | Chart | News | PowerRating) - The clothing retailer tumbled 20.29% or $9.61 to $37.30/share on a forecast of smaller profits from t-shirts and shorts.

Harris Corp ( HRS | Quote | Chart | News | PowerRating) climbed 6.28% or $3.82 to $65.78/share after receiving takeover bids valuing the company at around $10 billion.

Gold climbed $9.80 to $891.50/oz, Oil added $1.08 to $127.70 and the VIX dropped .30 to 17.85.

Market Snapshot

Dow

-7.90

12638.32

NASDAQ

+14.34

2522.66

S&P 500

+ 2.12

1400.38

Economic
News

Durable Orders (Apr): Actual -0.5%, Consensus -1.5%

Chain Deflator-Prel. (Q1): Consensus 2.6%, Prior 2.4%

GDP-Prel (Q1): Consensus 0.9%, Prior 0.6%

Initial Claims (05/24): Consensus 370K, Prior 365K

Crude Inventories (05/24): Consensus NA, Prior -5317K

Personal Income (Apr): Consensus 0.2%, Prior 0.3%

Personal Spending (Apr): Consensus 0.2%, Prior 0.4%

PCE Core Inflation (Apr): Consensus 0.1%, Prior 0.2%

Chicago PMI (May): Consensus 48.5%, Prior 48.3%

Mich Sentiment-Rev (May): Consensus 59.5, Prior 59.5%

Name	Symbol	PR
Air Transport Services	ATSG	10
Benchmark Electronics	BHE	10
Caribou Coffee Company Inc	CBOU	10
Cepheid	CPHD	10
Commercial Vehicle Group Inc	CVGI	10
Dana Holding Corporation	DAN	10
Fushi Copperweld, Inc.	FSIN	10
Gtx	GTXI	10
Ista Pharmaceuticals Inc	ISTA	10
iShares Dow Jones Transportation Average Index Fund	IYT	10

1.	Greek Protests, End of Week Profit-Taking Send US Stocks Lower
2.	Will Greek Debt Deal Keep Stocks Sailing?
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4.	With Bulls in Control, Market Rallies to Overbought Extremes
5.	Positive Economic News Keeps Stocks Aloft
6.	Market Reality Check Follows Strong January
7.	Stocks Trade Down with Europe, Up with the Nasdaq
8.	Europe Back on the Agenda
9.	One Prospective RIA's Journey
10.	The "Buy First and Ask Questions Later" Rally

Stocks Close Mixed, US Consumer Spending Slows, Wind River Rockets

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